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The delay of payment for two years of FTX is “Wins”, calling on the trader who expected the FTX collapse

The Croder FTX’s encrypted dealer and CEO, who properly expected the FTX collapse, said that Croder FTX payments are slightly more than two years after the accident was a “victory” – all the things that were taken into account.

“I thought it would take longer, just because there are a lot of judicial cases, you are working with many different governments, different levels of enforcement, and different levels of compliance,” Ishhan Baddani told Cointelgraph from Turner Wright in an interview with Etherdenver in Denver, Colorado.

“You are working with the Bahama Islands, and the multinational FTX … It is clear that the United States and a lot of money are American investors, so frankly, I thought it would take longer.”

“I think two years of winning,” said Bhaidani, one of the founders of Crypto Marketing Scrib3.

The FTX collapsed is one of the largest financial fraud in the history of the United States.

FTX illegally used customer money to finance investments at Aladeda Research. When market prices decreased, they led to the liquidity crisis, preventing customers from being able to withdraw money. Then the company applied for bankruptcy of Chapter 11 on November 11, 2022.

FTX started the first round of compensation on February 18, 2025, with the next next May 30. The qualified creditors in the second round will need to verify their claims by April 11.

Under the FTX recovery plan, 98 % of creditors are expected to receive at least 118 % of the claim value in cash.

Ishhan Bhaidani predicted the width of 20 parts of X on October 5, 2022, correctly that something “dark” was revealing in FTX. source: Ishhan Bhaidani

However, Bhaidani noted that it would be interesting to know if those who bought claims from FTX C creditors ended up or not.

“If you take $ 0.25 on the dollar and buy bitcoin at a price of $ 18,000, $ 20,000, and $ 30,000 you did a good job, right?

“I bought eth, did not do it. I bought Sol? Did you really do, really well, right?

Related to: Sam Bankman’s fried publications for the first time in two years, fTX symbolic pumps

Bhaidani is famous for discovering flaws in FTX and predicting that it will collapse one month before the collapse.

In the interview with Cointelegraph, Bhaidani referred to side effects that suffered from FTX from the collapse of the Terra Luna system of $ 60 billion, and left former US FTX President Brett Harrison before he was committed to major compensation.

“Even he did not strike his jacket on a company worth $ 32 billion … We are talking about hundreds of millions of dollars in potential property rights, why he leaves without him?”

“There must be something wrong in the kitchen there,” he said.

In response to a question about whether Sam Bangan Farid, former FTX CEO, the prison sentence will be amnesty for 25 years, Bhaidani estimated 2 % chance to 5 %-although it would be unlikely to be unlikely to be under the current Trump administration.

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